Epazz ZenaPay Releases New Version of Blockchain Wallet That Supports Multiple Cryptocurrencies With Ethereum and Bitcoin; ZenaPay Wallet Has Been Downloaded Over 23,000 Times

PRESS RELEASE GlobeNewswire

Feb. 13, 2018, 08:30 AM

CHICAGO, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that the company ZenaPay is releasing the new version of its Blockchain wallet that now supports muBitcoin and Ethereum on the Google Play Store. It will release the IOS version in the next couple weeks. ZenaPay’s Blockchain Wallet has been download more than 23,000 times since its launch on the Android Play Store. The new version has an updated start screen that will show users their inventory of each cryptocurrency. Users will be able to see a summary of their holdings immediately to determine which cryptocurrency to use when making transactions.

In addition to supporting Ethereum, ZenaPay is working on supporting Litecoin in future releases of ZenaPay. Litecoin cryptocurrency is working on a technology that will make point of sale (POS) transactions simple and quick. It will further ZenaPay’s goals of providing a payment solution that will greatly reduce credit card transaction fees for merchants. The company will soon release a POS application that will provide merchants a POS solution for only $99 per year.

Also, ZenaPay will follow suit with other blockchain wallets to support Segwit. Segwit is said to reduce median fee by 1/3. ZenaPay believes that multiple cryptocurrency support will eventually eliminate fees.

Epazz CEO Shaun Passley, PhD, said, “We have expanded in our mobile software development team to speed up the releases of our blockchain mobile apps. During the process of developing the next releases, we began to create a new technology, which we are in the process of patenting. We are excited about where blockchain technology is taking us in determining our new product that will save companies’ time and money and protect their data.”

Future Features Releases

POS

ZenaPay is developing a POS app to integrate with the Merchant App. Epazz will release the POS version of the Merchant App later this month. The new system has been designed to seamlessly integrate with merchants’ store flow. The cost of the application will be $99 per year. The company will offer additional packages later this year.

Vendor and Payroll Payment Solution

ZenaPay’s development team is also working on a vendor payment solution that will allow merchant businesses to pay vendors and employees using cryptocurrencies.

Future features will include the following:

An e-commerce store

Seed-to-sale tracking

Sales reporting and compliance

About ZenaPay (www.zenapay.com) ZenaPay is being developed to solve a major problem in high-risk industries: getting paid. Traditional banking systems do not allow high-risk industries to access their payment systems. ZenaPay offers a cutting-edge payment solution that gives consumers a way to buy items online or in stores using Bitcoin. The new Bitcoin payment software allows consumers to use digital currency to make online or in-store purchases with ease. The process will also be anonymous because all transaction details are encrypted through Bitcoin, which will enable stores to accept digital currency instead of only cash. ZenaPay is available on the App Store and Google Play Store.

Epazz, Inc. specializes in enterprise cryptocurrency blockchain mobile apps and cloud business process software, with more than 500 repeat customers. The new Bitcoin Mobile app is a financial technology company that offers unique software that allows consumers to acquire Bitcoin at the point of sale. The consumer can then use the cryptocurrency or digital currency to make a purchase at the store with ease. Epazz technology makes it easy to convert legacy systems into cloud business process software, for which the company then charges an annual subscription fee. Epazz has acquired 11 software companies that have converted or are in the process of converting their legacy software products to cloud software using Epazz technology. Epazz then markets the new cloud-based solutions to new and existing customers.

SAFE HARBOR

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by their use of forward-looking terminology such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe” and “continue” (or the negative forms thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz, Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that is not paid for by Epazz, Inc. Investors are encouraged to review Epazz, Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC markets filings, which contain general business information about the company’s operations, results of operations and risks associated with the company and its operations.

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